LBank’s Expertise in Meme Token Selection: TRUMP Token Surges by 152% Post-Listing Amid U.S. Election News

LBank Exchange
4 min readMay 17, 2024

The cryptocurrency world has witnessed a significant surge in the popularity of meme tokens, and LBank has once again demonstrated its expertise in selecting the most promising ones. On April 1st, LBank listed the TRUMP token, and since then, the token has seen an impressive price increase of 152%. This surge not only highlights the growing interest in political meme tokens but also underscores LBank’s professional acumen in the meme token space.

In related news, CNN and ABC News have announced that President Joe Biden and former President Donald Trump, the likely Republican candidate, have accepted invitations to participate in televised debates on June 27 and September 10. The June 27 debate will take place in the swing state of Georgia and will be conducted without an audience to ensure the candidates can fully utilize their time. The host and debate format will be announced later.

The U.S. presidential election is set for November 5. The Commission on Presidential Debates has scheduled three additional debates: on September 16 in Texas, October 1 in Virginia, and October 9 in Utah.

TRUMP Token: A Symbol of Political Engagement in Crypto

The TRUMP token, inspired by the former U.S. President Donald Trump, has captured the attention of the crypto community. The token’s introduction came amidst Trump’s vocal support for cryptocurrencies, as he criticized President Biden and the Democratic Party’s stance on digital assets. This political endorsement has added a unique layer of engagement for crypto enthusiasts, driving significant interest and investment in the TRUMP token.

Key Milestones for TRUMP Token

1. Launch and Initial Surge

On April 1st, LBank listed the TRUMP token, marking a pivotal moment for the token’s journey. The initial listing saw a rapid increase in trading volume, leading to a remarkable price surge of 152%. This substantial growth within a short period signifies strong market confidence and investor interest in the token.

2. Political Backing and Community Support

The TRUMP token’s value is significantly influenced by political developments and Trump’s public statements. The former president’s positive stance on cryptocurrencies and his criticism of current policies have resonated with many crypto investors, further boosting the token’s popularity. Community discussions around “crypto and politics” have also intensified, adding to the token’s emotional and financial appeal.

3. Strategic Events and Market Impact

Events such as Trump’s NFT launches and political endorsements have played a crucial role in the token’s market performance. For instance, the Trump Digital Trading Cards and Mugshot Edition NFT series have created significant buzz, contributing to the token’s visibility and appeal. These strategic events have provided the TRUMP token with sustained market momentum and a strong narrative.

LBank’s Role in TRUMP Token’s Success

LBank’s decision to list the TRUMP token is a testament to its professional approach in identifying and supporting promising meme tokens. The platform’s ability to recognize the token’s potential and the timing of the listing have been crucial in driving its success. LBank’s expertise in meme token selection is further evidenced by the impressive performance of TRUMP token post-listing.

Future Prospects for TRUMP Token

As the U.S. presidential election approaches, the TRUMP token is expected to remain a focal point in the meme token market. Key events, such as presidential debates and election results, are likely to influence the token’s price and trading volume. Investors are advised to keep a close watch on political developments and market trends to make informed decisions.

Get $255 USDT SIGN UP Bonus:

Follow us on X: